He might be set on these mods, but I would approach modding a pump-gas LTZ differently. The carbed models have a horrible CV carb, that needs replacing immediately. They need an FCR on there. I put a $100 YZ250F 37mm FCR on my old Z400 (YFZ 39mm's work great too), trashed the airbox completely, and bolted up a home-made "ESR-type" filter with outerwear. Regear it, dynotune it, throw on a set of 6-paddle haulers or Brats... you'd be surprised how well this set up runs.
You can also remove the middle-layer of the stock head gasket, leave stock piston in there, and add a cheap hotcam intake cam (stock exhaust cam), and get even more cheap pump-gas performance.
You can also remove the middle-layer of the stock head gasket, leave stock piston in there, and add a cheap hotcam intake cam (stock exhaust cam), and get even more cheap pump-gas performance.